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Tuesday, June 17, 2014

Rapper Magnito inks $120k deal with new phone company, Tingo Mobile

Feel-good rapperMagnito is the newest artiste in town to get on the corporate endorsement side of things. According to his publicist, the rapper signed a lucrative contract with new Nigerian phone company, Tingo
Mobile, to represent it as her official ambassador. The contract is
reportedly worth the whooping sum of N20million for a period
of one year.

The announcement was made at the official press launch for Tingo Mobile which held at Whitbaker Hotel, Ikoyi, on Monday. Continue...

The
company which is the first and only local phone manufacturer in
Nigeria, also announced that it had agreed to buy a majority stake (51%)
in Mass Telecom Innovation Nigeria Plc (MTI) for about 4 billion Naira
($25 million) to develop rural broadband in Africa's most populous
country.

Some
of the unique features the company is introducing through her mobile
devices include GPS tracking systems, mobile point-of-sale (POS)
function, localized emoticons that uses Nigerian cultural references in
the phones' chat application, etc.

In partnership with The Place by Papas, Lekki, Tingo Mobile will host Magnito to an unveiling party in July, to be followed by a series of other activations.